Idaho § 26-1206 PENALTY FOR UNLAWFUL HYPOTHECATION OF ASSETS

Idaho Statutes

§ 26-1206 — PENALTY FOR UNLAWFUL HYPOTHECATION OF ASSETS

Idaho § 26-1206

Title 26BANKS AND BANKING

Ch. 12CIVIL AND CRIMINAL PENALTIES

This text of Idaho § 26-1206 (PENALTY FOR UNLAWFUL HYPOTHECATION OF ASSETS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 26-1206 (2026).

Text

Any officer or employee of any bank or the bank holding company owning or controlling the bank, doing business in this state who, except in the manner authorized by law or the contract of the parties, hypothecates, pledges or in any way alienates any notes, stocks, bonds, mortgages, securities or any other property coming into his hands or into the possession of said bank as collateral, for safekeeping or in any other manner, and to which the bank has not acquired full title, shall be guilty of theft, and upon conviction thereof shall be punished as provided in section 18-2408, Idaho Code.

Free access — add to your briefcase to read the full text and ask questions with AI

Any officer or employee of any bank or the bank holding company owning or controlling the bank, doing business in this state who, except in the manner authorized by law or the contract of the parties, hypothecates, pledges or in any way alienates any notes, stocks, bonds, mortgages, securities or any other property coming into his hands or into the possession of said bank as collateral, for safekeeping or in any other manner, and to which the bank has not acquired full title, shall be guilty of theft, and upon conviction thereof shall be punished as provided in section 18-2408, Idaho Code.